Tether


Finance

Stablecoin Issuer Tether's Reserves Partly Managed by Cantor Fitzgerald: WSJ

The Wall Street bond trading powerhouse is managing Tether's $39 billion bond portfolio, according to the report.

Hedge funds are increasingly betting against Tether. (Andreas Wagner/Unsplash)

Policy

Tether's Attempt to Block CoinDesk's Request for Stablecoin Reserve Records Dismissed by New York Court

CoinDesk filed a Freedom of Information Law request for documents about Tether's reserves in 2021.

Tether. (Nikhilesh De/CoinDesk)

Opinion

Stablecoins Are Not Worth the Risk

Stablecoin issuer Paxos is being investigated by a New York financial watchdog. Regulators should take more action, says Mark Hays of Americans for Financial Reform.

Rep. Patrick McHenry (Shutterstock/CoinDesk)

Videos

Tether Reports $700M Profit For Q4 2022 In Latest Attestation Report

Tether, issuer of the world's largest stablecoin, reported a $700 million profit in the fourth quarter of 2022 and said it completely moved away from holding commercial paper as part of the reserves backing its USDT token. "The Hash" panel discusses the latest from Tether and the larger implications for the stablecoin market.

Recent Videos

Finance

Stablecoin Issuer Tether Reports $700M Profit, Complete Exit From Commercial Paper

Tether's assets as of Dec. 31 stood at $67 billion with liabilities of $66 billion, almost all of which relates to digital tokens issued.

(Shutterstock)

Finance

El 86% de Tether, emisor de USDT, fue controlado por cuatro personas en 2018

Documentos revelaron la estructura de propiedad previamente desconocida del secreto emisor de la stablecoin.

(Emily Parker/CoinDesk)

Finance

86% of Stablecoin Issuer Tether Was Controlled by 4 People as of 2018: WSJ

Documents reveal the previously unknown ownership structure of the secretive stablecoin issuer.

(Emily Parker/CoinDesk)

Finance

Alameda Research Wallet Receives $6M From Bitfinex Hot Wallet

Alameda Research received over $10 million in stablecoins overnight as Bitfinex work with liquidators to return assets.

Alameda Research receives $6M from Bitfinex (Nansen)

Markets

Crypto.com Delists Tether’s USDT Stablecoin for Canadian Users

The move comes after the Canadian Securities Administrators committed to stronger oversight over crypto exchanges following the demise of FTX.

Crypto.com CEO Kris Marszalek during his YouTube interview (Crypto.com)

Markets

Declining Demand for Binance's BUSD Represents New Chapter in Stablecoin Wars

The largest crypto exchange’s binance USD stablecoin endured $5.5 billion net redemptions in a month amid concerns about Binance. Top rivals USDT and USDC picked up market share.

Las especulaciones recientes sobre el estado de Binance, el exchange de criptomonedas más importante del mundo, también golpearon la participación de mercado de su stablecoin. (Danny Nelson/CoinDesk)